The bearish harmonic pattern you see reached both of its target zones.
The price now holds the 50 days support line as FB prepares for earnings.
Expectations are for a great earnings report... with such high expectations the potential disappointment is also pretty high.
Bulls - MA line should hold as support and if that will be the case FB should make its way to 140$ to touch the top of the channel again
Bears - Take profit before earnings or bet on continuation towards the next support zone near 122-123$
The price now holds the 50 days support line as FB prepares for earnings.
Expectations are for a great earnings report... with such high expectations the potential disappointment is also pretty high.
Bulls - MA line should hold as support and if that will be the case FB should make its way to 140$ to touch the top of the channel again
Bears - Take profit before earnings or bet on continuation towards the next support zone near 122-123$
交易結束:目標達成